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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Avon Protection Plc | LSE:AVON | London | Ordinary Share | GB0000667013 | ORD #1 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
32.00 | 2.74% | 1,200.00 | 1,192.00 | 1,200.00 | 1,210.00 | 1,170.00 | 1,170.00 | 24,157 | 14:24:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Rubber,plastics Hose & Belts | 280.5M | -14.4M | -0.4642 | -25.85 | 372.28M |
TIDMAVON
RNS Number : 8215V
Avon Rubber PLC
08 November 2017
8 November 2017
Avon Rubber p.l.c. ("Avon" or the "Group")
Award of US JE-RDAP CBRNe framework contract
Avon Rubber p.l.c. is pleased to announce that it has received confirmation from the US Department of Defense of the Group's participation under the Joint Enterprise - Research, Development, Acquisition and Production/Procurement contract vehicle ("JE-RDAP").
The JE-RDAP is an $8.2bn, 10 year multiple award framework contract which establishes a group of qualified contractors to compete for orders in relation to Chemical, Biological, Radiological, Nuclear and Enhanced Conventional Weapons ("CBRNe") Defense systems, equipment and material.
The JE-RDAP framework is important to Avon as it is the procurement structure under which two CBRNe programmes, the M53A1 respirator and the M69 aircrew mask system will be purchased. These programmes are potentially significant to the Group in the medium term and, having secured participation under JE-RDAP, initial task orders are expected to be received during the course of 2018.
Avon will make further announcements when the follow on task orders are received.
For further enquiries, please contact:
Avon Rubber p.l.c. 01225 896400 Paul McDonald, Chief Executive Officer Nick Keveth, Chief Financial Officer Weber Shandwick Financial 020 7067 Nick Oborne / Tom Jenkins 0700
Legal Entity Identifier: 213800JM1AN62REBWA71
Classification: Inside information under article 17 of the Market Abuse Regulation.
Note to editors: Avon Rubber p.l.c. is an innovative design and engineering group, specialising in two core markets, Protection and Dairy. Avon Protection is the recognised global leader in advanced Chemical, Biological, Radiological and Nuclear ("CBRN") respiratory protection systems for the world's military, homeland security, first responder and fire markets. Through its milkrite | InterPuls brand Avon's market leading Dairy business provides complete milking point solutions to customers across the world.
For further information, please visit the Group's website: www.avon-rubber.com
This information is provided by RNS
The company news service from the London Stock Exchange
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November 08, 2017 02:00 ET (07:00 GMT)
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